signal strength 1 of 5

The Bearish pennant pattern has formed on the #INTC M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 21.10 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
- #Bitcoin
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- GBPJPY
- GBPUSD
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The Triple Bottom pattern has been formed on #PEP M5. It has the following characteristics: resistance level 134.79/134.10; support level 133.22/133.32; the width is 157 points. In the event
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of #PEP M5. Features of the pattern: The lower line of the pattern has coordinates 134.79 with the upper limit 134.79/134.10
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowAccording to the chart of M5, #KO formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 71.22 is breached. Here
The M5 and M15 time frames may have more false entry points.
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